Title
Dept/ Agency: Law
Action: (X) Ratifying (X) Authorizing ( ) Amending
Type of Service: Professional Services Contract
Purpose: Bond Counsel Legal Services
Entity Name: DeCotiis Fitzpatrick & Cole, LLP.
Entity Address: Glenpointe Centre West, 500 Frank W. Burr Boulevard, Suite 31, Teaneck, New Jersey 07666
Contract Amount: An amount not to exceed $200,000.00
Funding Source: 2016 Budget/ Law Department
Contract Period: January 01, 2017 through December 31, 2017
Contract Basis: ( ) Bid ( ) State Vendor (X) Prof. Ser. ( ) EUS
( ) Fair & Open (X) No Reportable Contributions ( ) RFP ( ) RFQ
( ) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a
Additional Information:
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WHEREAS, the City of Newark as the largest municipality in the State of New Jersey faces novel issues on a daily basis and has a need to acquire bond counsel legal services; and
WHEREAS, DeCotiis Fitzpatrick & Cole, LLP (DeCotiis Fitzpatrick & Cole) Glenpointe Centre West, 500 Frank W. Burr Boulevard, Suite 31, Teaneck, New Jersey 07666, is a law firm with diverse practice and specific expertise in issues involving municipal government and submitted a proposal to provide bond counsel legal services and it was found, to be in the best interest of the City of Newark to accept the proposal for the purpose of providing Bond Counsel Legal Services; and
WHEREAS, the Mayor and the Corporation Counsel wish to enter into a contract with DeCotiis Fitzpatrick & Cole, to provide Bond Counsel Legal Services in an amount not to exceed Two Hundred Thousand Dollars and Zeo Cents ($200,000.00), for the period of January 01, 2017 through December 31, 2017; and
WHEREAS, the Corporation Counsel has determined and certified in writing that the value of this contract will exceed $17,500.00; and
WHEREAS, this Contract is awarded without competitive bidding as an exception to public biddin...
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